Carol more from the bloomberg 50. Our exclusive interview with beyond meat founder, ethan brown. Jason first up, the top political story, impeachment. Carol congress will ring in the new year with partisanship and division. This time, in the form of the Senate Impeachment trial of President Trump. Foot skit to reporter lets get to reporter josh green with more on that. You have a fascinating story that talks about how, with everything going on, this could benefit joe biden. Josh as we look ahead to january and the beginning of the 2020 election voting, one of the Big Questions everybody and questions everybody in washington has is what affect his impeachment going to have on the democratic field . What i wrote in businessweek takes a look at joe biden and his situation. One of the ironies of the impeachment trial is that it came about because President Trump thought that joe biden looked like he was going to be a serious rival and embarked on this mission with ukraine to turn up negati
Carol plus, we have more from the bloomberg 50. Our exclusive interview with beyond meat founder, ethan brown. Jason first up, the top political story, impeachment. Carol congress will ring in the new year with partisanship and bitter division. Sounds familiar. This time, it is in the form of the Senate Impeachment trial of President Trump. Lets get to a reporter josh green with more on that. The impeachment trial a big story this week. You have a fascinating story that talks about how, with everything going on in terms of impeachment, this could benefit joe biden. Josh yeah, it does. As we look ahead to january and the beginning of the 2020 election voting, one of the Big Questions everybody in washington has is what affect is impeachment going to have on the democratic field . The peace i write in businessweek this week takes a look at joe biden and his situation. One of the ironies of the impeachment trial is that it came about because President Trump thought that joe biden looked l
50 list. Our exclusive interview with founder ethann , brown. Jason first up, the top political story, impeachment. Carol congress will ring in the new year with partisanship and division. This time, in the form of the Senate Impeachment trial of President Trump. Lets get the reporter to reporter josh green with more on that. You have a fascinating story that talks about how, with everything going on in terms of impeachment this could benefit , joe biden. Josh it does. As we in the political world look ahead to january and the beginning of the 2020 election voting, one of the Big Questions everybody in washington has is what effect is impeachment going to have on the democratic field . I wrote a piece that takes a look at joe biden and his situation. One of the ironies of the impeachment trial is that it came about because President Trump thought that joe biden looked like he was going to be a serious rival and embarked on this dirt digging mission with ukraine to essentially try to tu
Just a little bit of selling often treasuries. Crude oil is strong today, above 60 a barrel, giving a boost to some of the Oil Producers as well. In europe, we did get some disappointing ism data, but that is not doing anything to hold back markets. Stockocks euro 600 the euro 600e stoxx up. Sterling is off of its high, which was above 1. 35, after the election results. 1. 3334. The renminbi at 6. 9 nine today. Lets get to the latest on the geopolitical and mark laid implications of the phase i trade deal between the u. S. And china. Joining us is tom orlik, chief for bloomberg academics bloomberg economics. Tom i think there is a tangible sense of relief that a phase i deal is going to get over the line, and that those december tariffs are not going to go into effect. The rollback of some existing tariffs is an additional positive. At the same time, we dont have to go very far back in history to osaka over the summer or on a series or but osiris or buenos aries to remember what trade
Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours